Blockchain in Trade

Blockchain in trade is a secure, digital ledger that records transactions across multiple computers. It ensures transparency, authenticity, and tamper-resistance by allowing all participants to verify and track goods, shipping, and payments in real-time. Instead of relying on a single authority, blockchain provides a shared, immutable record that streamlines processes, reduces fraud, and enhances trust between traders, suppliers, and customers. This technology simplifies global trade by making transactions faster, more transparent, and secure, ultimately increasing efficiency and reducing costs.